PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:10,000 relationship to barrels of oil still existing in the ground, thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously, at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted, increasing to approximately 15% in year 2045.
|Mkt.Cap||$ 434,962.00||Volume 24H||32.00 XPD|
|Market share||0%||Total Supply||122.11 M XPD|
|Proof type||Open||$ 0.0068|
|Low||$ 0.0068||High||$ 0.0068|